| China Southern Airlines Joins Hands With Major University; EMBA Tsinghua University Students Receive Gold MasterCards BEIJING - December 30, 2004 - China Southern Airlines (NYSE: ZNH, HKSE: 1055, SHA 600029) - www.csair.com/en - the largest airline in The People¡¯s Republic of China has made a major gift to Tsinghua University, one of China¡¯s renown higher educational institutions. The China Southern Air Holding Company (parent group of China Southern Airlines) has presented China Southern Airlines¡¯ Sky Pearl Club Gold MasterCards to all EMBA students enrolled in the Tsinghua Management College. China Southern Airlines¡¯ gift presentation was made at a ceremony held at the Shangri-La Hotel during a Key Customer Signing Agreement between China Southern and Tsinghua University. ¡°It is important for China Southern Airlines, as our nation¡¯s largest airline, to offer valued air service through our Sky Pearl Club frequent flyer program to our key customers,¡± said Mr. Liu Shaoyong, President, China Southern Air Holding Company and China Southern Airlines. Also in attendance at this event was Mr. Li Kun, Executive Vice President, China Southern Airlines; Mr. Chen Xi, Party Secretary, Tsinghua University; Mr. Kang Kejun, Vice Principal, Tsinghua University; Mr. Zhao Chunjun, Dean, Management College and Mr. Xu Guang, Deputy President and Deputy General Manager, Greater China MasterCard International Organization. Mr. Liu added that, ¡°As China¡¯s largest airline and the nation¡¯s most notable university, both China Southern and Tsinghua will take advantage of this new partnership and share each other¡¯s resources to create a beneficial future for both organizations.¡±
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